Hi Volvogirl,
I'll try to address everything you wrote, thanks for responding. I am trying to file my 2023 taxes. My husband and I both are self-employed so we pay estimated taxes. Up until this year, we've been paying CPAs to do our taxes so I'm trying to do it myself now, so I might be a little confused. It seemed strange to me for the program to ask for balance due for 2022 for state and local taxes only, and nowhere to add that for federal.
We did get vouchers from our CPA last year with estimates to pay, but since they're estimates, I figured I would pay what we could (which ended up being about 90% of what the vouchers totaled) and just pay the remainder when I file if there is still a balance due, like I normally do. So maybe, like you seem to be saying, that's the reason for the underpayment penalty.
We paid the balance due from 2022 with a bank draft back before April 18th, 2023
